Microsoft has paused planning its 90-acre campus on the Westside of Atlanta, the company confirmed this week. The decision is part of companywide changes in business priorities to cut costs amid worsening economic conditions, which Microsoft Corp. (Nasdaq: MSFT) announced in January . Microsoft is cutting 5% of its overall workforce, or around 10,000 employees, along with reevaluating its global real estate footprint. Microsoft is not selling the land and intends to re-engage in planning efforts if expansion is warranted, a company spokesperson said. Vendors were notified of the decision this week. Bisnow was first to report the news. Microsoft announced it was planning a 90-acre expansion to Grove Park in early 2021, where it intended to build its next corporate campus that could house around 15,000 employees. The company was engaged with the neighborhood from the start of the process and decided to set aside 25% of the land for community needs, including affordable housing, a grocery store, pharmacy and resources for job training opportunities. The site is next to the Bankhead MARTA station. An aerial view of Microsoft’s campus footprint. Microsoft The deal was monumental for Atlanta, which had become a home for the southeastern hubs for […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
